Former Arsenal left-back Kieran Gibbs has revealed that he receives half of his wages in Cryptocurrency in a move which could change football for the foreseeable future with players in the Premier League potentially asking for the same.
Gibbs - now playing for Inter Miami CF in the MLS who owned by David Beckham and managed by Phil Neville - is paid 50 per cent of his salary in Bitcoin. He has explained how his wages are paid into a traditional bank account while the other half is sent to crypto finance company XBTO, who convert it into bitcoin and add it to the player’s wallet.
It's a move which has been replicated in other leagues, with NFL offensive tackle Russell Okung being paid his salary by the Carolina Panthers in Bitcoin in 2020, with football players now seemingly following suit.
